Deri Protocol Monthly Report for December 2024
Highlights:
1. New proposal: Deploy Deri on Supra, which would mark our first step beyond EVM chains and into a thriving multi-chain, multi-language future.
2. Changes to the Open Interest Limit on Deri
A. Project Progress
Changes to the Open Interest Limit on Deri have been made to allow traders to open more positions. More details: https://deri-protocol.medium.com/deri-protocols-open-interest-limit-update-a-shift-towards-dynamic-risk-management-c35f5ad7d981
New listings:
ETHUSD-5500-C ETH USD-5500-P
ETH USD-6000-C ETHUSD-6000-P
ETH USD-6500-C ETHUSD-6500-P
ETHUSD-7000-C ETHUSD-7000-P
ETHUSD-7500-C ETHUSD-7500-P
ETHUSD-8000-C ETHUSD-8000-P
ETHUSD-8500-C ETHUSD-8500-P
ETHUSD-9000-C ETHUSD-9000-P
ETHUSD-9500-C ETHUSD-9500-P
ETHUSD-10000-C ETHUSD-10000-P
A new feature to easily download trading history on deri.io
Deri’s new bounty has been listed on https://cantina.xyz/bounties/6d37b9b2-b37e-4d9d-a8e6-c0f41ddcea0b
New proposal: Deploy Deri on Supra, a high-performance Move-based blockchain.
The features of Supra:
500,000 TPS & sub-second finality;
MultiVM support (Move, Solidity, Rust);
Native oracles, cross-chain messaging, & automation tools
Supra ecosystem: https://supra.com/
What will Deri get:
Expand into the untapped derivatives space on their chain;
Diversify our codebase for the Move ecosystem;
Gain unique competitive advantages as a first mover.
The proposal would mark our first step beyond EVM chains and into a thriving multi-chain, multi-language future. More details: https://deri-protocol.medium.com/expanding-beyond-evms-8864cab4f062
On-Chain Data (Deri V4)
About Deri Protocol
Deri, your option, your future!
Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.